Biørn, Erik - Økonomisk institutt, Universitetet i Oslo - 2009
and tax-permitted depreciation, is considered. Both convex and concave survival functions can be accommodated. Three …-relevant accounting capital and true depreciation, (ii) mis-indexation of depreciation allowances, (iii) incomplete deductibility of …-exponential depreciation schedules are forced, by `approximation devices', to ft into the exponential decay schedule. …
